Sidoti Reduces Earnings Estimates for Astec Industries

Astec Industries, Inc. (NASDAQ:ASTE) – Investment analysts at Sidoti cut their Q2 2026 earnings per share (EPS) estimates for shares of Astec Industries in a research note issued on Monday, July 6th. Sidoti analyst S. Ferazani now anticipates that the industrial products company will post earnings of $1.05 per share for the quarter, down from their previous estimate of $1.14. The consensus estimate for Astec Industries’ current full-year earnings is $3.63 per share. Sidoti also issued estimates for Astec Industries’ Q2 2027 earnings at $1.12 EPS.

Astec Industries (NASDAQ:ASTE) last issued its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by ($0.34). The business had revenue of $396.30 million during the quarter, compared to analyst estimates of $393.24 million. Astec Industries had a net margin of 1.75% and a return on equity of 10.09%.

ASTE has been the subject of several other research reports. Wall Street Zen downgraded shares of Astec Industries from a “buy” rating to a “hold” rating in a report on Saturday. Longbow Research upgraded shares of Astec Industries to a “strong-buy” rating in a research note on Monday, March 16th. Freedom Capital upgraded Astec Industries to a “strong-buy” rating in a research note on Wednesday, April 1st. Weiss Ratings cut shares of Astec Industries from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 7th. Finally, Zacks Research upgraded Astec Industries from a “strong sell” rating to a “hold” rating in a research report on Monday. Two investment analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Astec Industries presently has an average rating of “Buy”.

Astec Industries Stock Down 4.6%

NASDAQ:ASTE opened at $56.00 on Wednesday. The company has a quick ratio of 1.00, a current ratio of 2.34 and a debt-to-equity ratio of 0.54. The stock’s 50 day moving average price is $53.93 and its two-hundred day moving average price is $53.67. Astec Industries has a twelve month low of $37.82 and a twelve month high of $65.69. The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of 50.00, a price-to-earnings-growth ratio of 1.47 and a beta of 1.34.

Astec Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Wednesday, May 13th were issued a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $0.52 dividend on an annualized basis and a yield of 0.9%. Astec Industries’s dividend payout ratio is 46.43%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. iSAM Funds UK Ltd bought a new position in shares of Astec Industries in the 3rd quarter worth approximately $50,000. Farther Finance Advisors LLC increased its holdings in Astec Industries by 8,994.1% during the fourth quarter. Farther Finance Advisors LLC now owns 1,546 shares of the industrial products company’s stock valued at $67,000 after buying an additional 1,529 shares during the last quarter. Tower Research Capital LLC TRC raised its position in Astec Industries by 412.0% in the second quarter. Tower Research Capital LLC TRC now owns 2,212 shares of the industrial products company’s stock worth $92,000 after acquiring an additional 1,780 shares during the period. Aster Capital Management DIFC Ltd purchased a new position in shares of Astec Industries during the 4th quarter worth $127,000. Finally, LSV Asset Management bought a new stake in shares of Astec Industries during the 4th quarter valued at $182,000. Hedge funds and other institutional investors own 93.16% of the company’s stock.

Astec Industries Company Profile

Astec Industries, Inc is a designer and manufacturer of specialized equipment for infrastructure-related markets. Headquartered in Chattanooga, Tennessee, the company develops, engineers and produces machinery for asphalt road-building, aggregate processing, concrete production, underground mining, landscaping and utility installation. Astec’s product portfolio includes asphalt plants, portable crushers, conveyors, screening plants, mixers, continuous miners and related support equipment.

Organized into multiple operating segments—Roadbuilding; Aggregate & Mining; Energy; and Pavement Preservation & Maintenance—Astec Industries serves contractors and municipalities that build and maintain transportation, energy and utility networks.